Salisbury University students on campus

Shore Hatchery

The Perdue School of Business Philip E. & Carole R. Ratcliffe Foundation Shore Hatchery is a bi-annual Mid-Atlantic business competition. The Shore Hatchery is open to any Mid-Atlantic business startups. It is a thirteen-year $2.9 million initiative, which began in 2013. The program assists entrepreneurs in creating new businesses and jobs in the region. Startups apply for a share of $200,000 annually. The goal of the Shore Hatchery is to reward individuals for their entrepreneurial efforts in the creation and growth of businesses with the potential of positively impacting regional employment within three years. Businesses are required to report back to the Shore Hatchery board annually on their progress.

Shore Hatchery Important Dates

Spring 2025 - Open to Mid-Atlantic Business Startups

  • Registration Open: Monday, February 3, 2025 - 12:01 AM
  • Registration Close: Monday, March 10, 2025 - 11:59 PM - ALL DATA ENTERED
  • Competition Day: Friday, April 25, 2025

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Ratcliffe Foundation Shore Hatchery - 2018 MEDA Economic Development Program (Small Community)

Ratcliffe Foundation Shore Hatchery

2018 MEDA Economic Development Program (Small Community)